Buy on the dip with Chinese Economy open up10th Dec 2022
Oil may retrace to 50% fibo level around $67.
If price able to support around $67, will be eying next resistance level around $78 follow by $90
Pta
Long term playout strategy. 10th Dec 2022
Long term playout:
Price reached the first area to nimble in.
Second average price around 150-160.
Follow by 100 (if possible)
Above method is possible if you believed Tesla is long term playout and this company will still be available 10years down the road.
Short downside till Fed Rate decision10th Dec 2022
Next week due to CPI and FOMC Rate decision, market will be highly volatile.
Monitor DJI drop to 50% Fibo level, 32800 and determine the next movement.
If Fed announce 50 basis point, may cause short term upside hitting above 34300. However don't be over optimistic as we are in the QT + high rate + inflation environment.
Max Resistance 35300
Support 32800 (Pivot support)
Baidu Good price to long12th Nov 2022
Price did not came to support area.
Therefore, we may consider to nimble at current price with good SL around $70.
Ride together with the good news from China eases Covid measures.
HSI bias upside with 20k resistance12th Nov 2022
Monthly Chart HSI.
Worth paying attention back on HSI after monthly chart showing bullish engulfing candle stick.
However the month have not end yet. Continue to watchlist HSI and if price did not over the previous month low, a good support area is form.
Bias on the upside to 20k.
Baidu bias upside with Rumor05th Nov 2022
Buy on rumor sell on news.
Rumor referring to Investors hoped Beijing would soon relax its stringent Covid Policy.
We may take this opportunity to ride on in Baidu.
Support 70.
Resistance 100
SATS Bias more on upside from chart perspective30th Oct 2022
SATS gap down due to M&A.
However price reach the Covid low during 2022 around $2.50.
Worth to nimble at current price as investors may over-react on SATS M&A decision. (Based on Technical view)
Avoid if you worry on their upcoming earning report in Nov 2022
Resistance: $2.8/$3
Support $2.50
China waiting for Zero Covid Policy to be remove30th Oct 2022
China still remind its Zero-Covid Policy.
Lockdown still remain.
Therefore price should drop below Covid low during 2020.
Next support 10k
Metaverse need some breakthrough30th Oct 2022,
Meta gap down due to earning report.
Metaverse is burning too much case before the produce have any breakthrough.
It will be smart if you join in after at least it showing 70% breakthrough in metaverse. Otherwise, without any good news from Meta, all rebound is due to stock lover, Valuation investors picker.
Technical perspective, support between $72-$85 worth to nimble.
Alibaba good price with Geopolitics consideration30th Oct 2022
Risky trade but worth a try with good Risk Management.
Chinese ADR shares will be sensitive to Geopolitics problem. However, if there is any chances or positive side from Chinese Government, these shares are ready to fly (bullish).
Current price for dollar averaging if you believed Alibaba is a long term play.
Do note that, there are more room for both HSI and China A50 to drop. So this call will be risky.
Support $55
Resistance: $100/$100 first
DJI 3 major Resistance level to watchout30th Oct 2022
Watch the video to understand how I get this level. And steps by steps how you should react if it hit those level
Resistance Level:
50% Fibo 32800,
62.8% Fibo 34000,
Hanging man Candlestick High. 34300.
Gold Bias more on downsideBearish view intact.
Resistance 1570
Weekly candle close below 1670 twice.
Strong sign of downside.
GBPUSD Parity to come real soon2nd Oct 2022
GBP will continue to be weaken with printing of money + cutting interest rate.
USD will continue to be strengthen with tighten QE + increase interest rate.
Therefore, from fundamental perspective, we don't see any upside for GBPUSD.
Wait for the price to rebound back to the circle area or near 40days MA to short it down again.
Target: 1:1 parity (Super High Chance)
Gold may have more downside to 157024th Sep 2022
Break and closed below 1670 the Pivot level, will send the price to next level around 1570.
Holding Dollar should be the safe heaven compare to Gold which no longer the inflation hedging tools at the moment.
DJI might have small pullback but bias more on downside
Congrats once again if you have shorted and TP at 30k last week.
DJI closed and supported at 200days Moving average in the weekly chart.
Next level target around 28k.
Bias more on downside for DJI in SEP10th Sep 2022
Be caution not to fall into any bull trap.
With quantitative-tightening to $95 billion this month (SEP) and another 75 basis point rate hike, we should be eying next level to short instead.
Bias more on downside for CRWD3rd Sep 2022
Break below 50% fibo = $165
Next Support @ 38.2% fibo = $135
Bias more on downside DJI next week. 3rd Sep 2022,
Next support 30k coincide with 200days Moving average and whole figure in weekly chart.
Do not fight against the Fed!.
Bias more on upside. 6th Aug 20222
Break above $50, Next resistance: $60/$62 which coincide with 23.6% Fibo and 200Day MA.
Bias more on upside. 6th Aug 2022
May wait for pullback to long and ride with the uptrend.
Trade safe.
Bias more on upside. Next Resistance, break $4, $5 round figure. Covering the gap in Mar 2022
Good news in both Uber and Lyft earnings last week.
Watch out on 25aug 2022 for Grab earning report.
Bias more on upside for solar sector10th July 2022
Monthly chart we can see resistance turn support @ $51.
Will commodities crude oil, natural gas all spiking up, we may see some greenside in the solar sector.
First TP @ $100
